Arik Johnson’s Weblog

Federal prosecutors in Massachusetts alleged this week in a five-count indictment that Biswamohan Pani, 33, illegally downloaded more than a dozen confidential documents from Intel's computer system in California during a four-day stretch in June. He had already resigned from Santa Clara, Calif.-based Intel, but remained on the payroll and still had access to the company's computers while he burned unused vacation days.

What Pani's supervisors didn't know then is that instead of taking the time to investigate a hedge fund job Pani claimed he was considering, he had actually started working for AMD and for a brief period was on both companies' payrolls.

Prosecutors say AMD had no knowledge of Pani's actions and did not benefit. But they say the information Pani downloaded was worth more than $1 billion in research and development costs, and included details about methods for designing microprocessors.

On Day 3, I think Obama has to solve energy independence, oh, and jobs, too. Shouldn't be too tough once you realize that we have enough natural gas to supply all of our energy needs until the end of days, and he can make a backroom deal with the autos for a plan to use compressed natural gas to fuel their new cars when they accept the bailout money. All federal vehicles must run on natural gas by 2012, something like that. And say to the integrated oils that if they don't open natural gas fueling stations, they won't be eligible for tax credits. That's all we need to achieve energy independence, and it will create millions of drilling jobs. Pretty good for his first three days in office.